2 Dollars - Elizabeth II Leo

Niue has issued silver bullion and collector pieces under New Zealand's currency agreement since the 1970s, but by 2011 the island territory had become one of the more prolific third-party licensing mints in the Pacific — producing commemorative rounds for foreign distributors with little connection to Niuean commerce or culture. This Leo zodiac piece is one of twelve in a series marketed primarily to European collectors, struck at a private facility rather than a sovereign mint.

KM#589 attribution places it within a documented but crowded field of similar zodiac issues from this period, several of which have nearly identical specifications across different nominal issuers.